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NHAI gets Sebi nod for RIIT as InvIT, to broaden public participation

State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) has received approval from the Securities and Exchange Board of India (SEBI) as an Infrastructure Investment Trust (InvIT), an official statement said on Wednesday. The statement said the Public InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story, it added. Earlier, NHAI had incorporated Raajmarg Infra Investment Managers Pvt Ltd (RIIMPL) as the Investment Manager for the Raajmarg Infra Investment Trust (RIIT). RIIMPL has been established as a collaborative venture with equity participation from leading banks and financial institutions, including State Bank of India, Punjab National Bank, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd., HDFC Bank, ICICI Ba

IRB Infrastructure Trust wins NHAI's TOT-18 highway concession in Odisha

IRB Infrastructure Trust will pay Rs 3,087 crore upfront for a 20-year revenue-linked toll-operate-transfer project on NH-16, expanding the group's highway footprint to 13 states

NHAI debt down to ₹2.39 trn; ministry says loans to be repaid by 2050

NHAI's debt stood at Rs 2.39 trillion as of November and is slated to be repaid by 2050, the road transport ministry told Parliament, outlining repayment plans through FY26 and beyond

Sebi gives RIIT in-principle InvIT nod, allows 6 months for compliance

Markets regulator Sebi has granted in-principle approval to the registration of 'Raajmarg Infra Investment Trust' (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements during the next six months, an official statement said on Friday. As a part of the process to secure final registration, RIIT will be required to meet specific conditions over the next six months. These conditions include appointment of directors, submission of requisite financial statements, and compliance with other regulatory requirements, it added. The statement said InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. under the Sebi Regulations, 2014 Last month, NHAI incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment manager for RIIT. RIIMPL has been established as a collaborati

NHAI partners with Reliance Jio to launch mobile safety alerts on highways

State-owned NHAI on Tuesday said it has signed a memorandum of understanding with Reliance Jio to introduce a telecom-based safety alert system across the National Highway network. In a statement, NHAI said that using Jio's existing 4G and 5G network, travellers will receive warnings on their mobile phones as they approach identified risk locations such as accident-prone stretches, stray-cattle zones, fog-affected areas and emergency diversions. The initiative aims to strengthen road safety by providing timely information to National Highway users, enabling them to adjust speed and driving behaviour well in advance, it added. According to the statement, alerts will be sent through SMS, WhatsApp and high-priority calls to National Highway users. The system will be integrated in a phased manner with NHAI's digital platforms, including 'Rajmargyatra' mobile application and emergency helpline number 1033, it said. The automated system will work for all Jio mobile users on or near the

Phalodi accident case: SC seeks response from NHAI, Road Transport ministry

The Supreme Court on Monday sought responses from the National Highways Authority of India and the Ministry of Road Transport and Highways in a suo motu case in connection with an accident in Rajasthan's Phalodi area that claimed 15 lives. A bench of Justices J K Maheshwari and Vijay Bishnoi issued notice to the National Highways Authority of India (NHAI) and the ministry, seeking their replies in two weeks on the cause of the accident. It also asked them to conduct a survey of the area and file a report on the number of dhabas on the highway passing through Phalodi. The bench also sought a specific report on the condition of the highway and the norms followed by the road contractor for road maintenance in Phalodi. The top court recently took suo motu cognisance of the November 2 road accident in Phalodi, in which 10 women and four children died when a tempo traveller rammed into a stationary trailer truck. The incident occurred near Matoda village on the Bharat Mala Highway when

NHAI to deploy Network Survey Vehicles to analyse 21,000 km highways

Survey to collect data on road quality, defects, and upkeep using AI-based analysis; NHAI to identify deficiencies and plan proactive maintenance across 23 states

NHAI cleanliness drive: Report dirty toll toilets, get ₹1,000 FASTag reward

Highway users can report dirty toilets at toll plazas of National Highways Authority of India via the Rajmargyatra app and earn one-time FASTag reward; the drive runs until October 31, 2025

Jio Payments Bank wins contract for free-flow toll system rollout

Jio Payments Bank began FASTag-based toll collection in July 2025, and is currently managing toll operations at 11 toll plazas on different highway stretches across the country as an acquirer bank

Delhi HC quashes NHAI notice mandating CLAT-PG score for lawyer recruitment

The Delhi High Court on Wednesday set aside a notification of the National Highways Authority of India (NHAI) making scores of CLAT-PG a basis for the recruitment of lawyers. A bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela allowed a petition challenging the August 11 notification of the NHAI. "The writ petition is allowed. Resultantly, the recruitment criteria given in the notification is quashed," the bench said while pronouncing its judgment. The detailed judgment is awaited. The court's verdict came on a plea challenging a notification of the NHAI making scores of CLAT-PG a basis for the recruitment of lawyers. On September 18, the court stayed the notification, saying there seemed no rationale behind the process. According to the petition filed by Shannu Bahgel, a lawyer, any score of a candidate in the Common Law Admission Test 2022 (Post Graduate) (CLAT-PG) cannot be made the basis for public employment, as it is conducted only for assessing

NHAI may raise up to ₹35K cr-40K cr in FY26 via TOT, Invit: Icra

Icra projects NHAI could raise Rs 35,000-40,000 crore in FY26 via TOT and InvIT asset monetisation, exceeding the Rs 30,000 crore target and adding to its Rs 92,633 crore raised till FY25

NHAI to treat unauthorised subcontracting in highway projects as fraud

NHAI has redefined norms for highway contractors, classifying unauthorised subcontracting as fraud and tightening rules on work experience claims and third-party securities

Highway contracts to face stricter checks as NHAI revises bid provisions

NHAI has tightened bid rules to ensure only experienced contractors qualify, aiming to cut project delays, improve quality of work, and bring down costs in highway development

Delhi HC to hear plea against NHAI using CLAT-PG scores for lawyer jobs

The Delhi High Court will hear on September 8 a petition challenging a National Highways Authority of India (NHAI) notification making scores of CLAT-PG a basis for the recruitment of lawyers. A bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela, which recently heard the matter briefly, granted time to the NHAI's counsel to get instructions on the issue. The court has listed the petition for further hearing on Monday. According to the petition filed by Shannu Bahgel, a practising lawyer, any score of a candidate in the Common Law Admission Test 2022 (Post Graduate) (CLAT-PG) cannot be made the basis for public employment as it is conducted only for assessing the merit of the respective candidates holding an LL.B degree to pursue a master's degree in law. It was argued on behalf of the petitioner that the purpose of selection pursuant to the August 11 notification is not to pursue a master's degree in law but to provide services of a legal ...

Govt tightens tunnel project planning to minimise cost, green impact

The Centre has issued new SOPs for tunnel projects, requiring at least three alternative alignments to minimise environmental and social impact and reduce cost overruns

Digital, AI focus to strengthen India's road to quality highways

In the last decade, investments in the national highways sector (public and private) have nearly sextupled to Rs 3 trillion in FY25

BS Infra Summit: Need a virtuous cycle of investments, says Gadkari

Financing and technology can overcome execution and road safety challenges to achieve national targets, says Nitin Gadkari

Govt may pay ₹4,500 crore annually to toll operators for FASTag pass

ICRA said the annual FASTag pass will cost the government Rs 4,200-4,500 crore in compensation to toll operators, though relief for commuters will be limited to private vehicles

NHAI to pay toll operators for revenue loss due to FASTag Annual Passes

Toll operators will receive compensation from NHAI for revenue lost due to the FASTag Annual Pass, effective August 15; the pass is valid for one year or up to 200 toll crossings

NHAI to blacklist users misusing loose FASTags to reduce toll delays

State-owned NHAI on Friday said it has strengthened the process for reporting 'loose FASTag' for blacklisting users to ensure smooth tolling operations. In view of upcoming initiatives like the annual pass system and multi-lane free flow (MLFF) tolling, it is critical to address this issue to ensure FASTag authenticity and system reliability, the National Highways Authority of India (NHAI) said in a statement. "To ensure smooth tolling operations and strengthen reporting of 'loose FASTags', NHAI has further streamlined its policy for the Toll Collecting Agencies and Concessionaires to immediately report and blacklist 'loose FASTags', that are also commonly called tag-in-hand," it said. The statement said that sometimes, highway users deliberately do not fix FASTags on the windscreen of vehicles. "Such practices pose operational challenges leading to lane congestion, generation of false chargebacks, misuse in closed-loop tolling systems, causing overall disruption of the Electronic